Earnings Release • Feb 21, 2014
Earnings Release
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Corporate | 21 February 2014 07:45
SINGULUS TECHNOLOGIES Reports Preliminary Results For 2013
SINGULUS TECHNOLOGIES AG / Key word(s): Preliminary Results
21.02.2014 / 07:45
Press release
SINGULUS Reports Preliminary Results For 2013
– Positive EBIT
– Sales increased by 23 %
– Forecast for the business year 2013 met
– Optimistic outlook for 2014
Kahl am Main, February 21, 2014 – Pursuant to unaudited, preliminary results SINGULUS TECHNOLOGIES (SINGULUS) achieved sales of about EUR 134 million in the business year 2013 (+23 %) and therefore exceeded the sales of EUR 108.6 million in the year 2012. The operating result (EBIT) improved considerably and amounted to around EUR 2 million in the business year 2013 compared with EUR -16.6 million before extraordinary charges in the prior year.
Accordingly, SINGULUS met its published forecast for the business year 2013.
The order intake of approx. EUR 115 million in 2013 remained nearly around the prior-year level of EUR 121.9 million. The order backlog as of December 31, 2013 in the amount of around EUR 20 million (previous years: EUR 40.1 million).
The order intake and backlog of the fiscal year 2013 is primarily due to delayed contract conclusions in the segments Solar and Semiconductor.
In 2014 SINGULUS already reported new orders for the Solar and Semiconductor segment. Dr.-Ing. Stefan Rinck, Chief Executive Officer
of the SINGULUS TECHNOLOGIES AG, remarks: “With the two strong
core work areas of Optical Disc and Solar together with the opportunities provided by the semiconductor market, we are optimistic for the year 2014. In particular for the Solar segment, we expect a significant improvement of the market situation. Several positive forecasts for 2014 and 2015 confirm our assessment.”
Dr. Rinck adds: “We are also focusing on the development of vacuum coating machines for new application to open new industries and work areas.”
SINGULUS TECHNOLOGIES will publish the full report for the business 2013 on March 31, 2014.
Profile SINGULUS TECHNOLOGIES:
SINGULUS TECHNOLOGIES develops innovative technologies for efficient production processes, which only make use of resources conservatively. New production technology combined with sustainable processes and the use of novel materials can decouple the use of resources from economic growth in the long-term. SINGULUS TECHNOLOGIES’ innovative power and competitiveness are strengthened by these new technologic developments.
With its Optical Disc segment SINGULUS TECHNOLOGIES is the market leader for CD, DVD and Blu-ray Disc production equipment. As the only engineering company worldwide SINGULUS TECHNOLOGIES today already provides the machine technology for three-layer Blu-ray Discs with a storage volume of about 100 GB.
In the Solar division SINGULUS TECHNOLOGIES is a recognized supplier for new machines concepts and production processes for crystalline and thin-film solar cells, which increase the efficiency of solar cells and reduce their production costs. SINGULUS TECHNOLOGIES establishes itself as a development partner and machine supplier for technologies enabling a sustainable energy provision on the basis of renewable energies.
In the Semiconductor segment SINGULUS TECHNOLOGIES focuses its activities on the vacuum coating of wafers with ultra-thin layers for the production of MRAM memory, thin-film write/read heads and other semiconductor applications.
SINGULUS TECHNOLOGIES continues to expand its know-how in vacuum coating, the automation and process technology as well as the integration of manufacturing lines in order to develop new work areas. To strengthen the existing business activities SINGULUS TECHNOLOGIES is currently reviewing concrete acquisition opportunities.
New application areas for vacuum deposition technology are the focus of the further development.
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103, D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924
Contact:
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations,
Tel.: + 49 (0) 6188 440 612,
Bernhard Krause, Corporate Communications,
Tel.: + 49 (0) 6181 98280 20 / +49 (0) 170 9202924
End of Corporate News
21.02.2014 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG.
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| Language: | English |
| Company: | SINGULUS TECHNOLOGIES AG |
| Hanauer Landstrasse 103 | |
| 63796 Kahl am Main | |
| Germany | |
| Phone: | +49 (0)1709202924 |
| Fax: | +49 (0)6188 440-110 |
| E-mail: | [email protected] |
| Internet: | www.singulus.de |
| ISIN: | DE0007238909, DE000A1MASJ4 |
| WKN: | 723890, A1MASJ |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart |
| End of News | DGAP News-Service |
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| 253585 21.02.2014 |
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